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Altria Group (NYSE:MO) stock reached a 52-week high of $63.80, marking a significant milestone for the tobacco giant, which now commands a market capitalization of $107 billion. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value estimate. This achievement reflects a strong performance over the past year, during which the stock has seen a notable increase of 26.59%. The rise in stock price highlights investor confidence, supported by impressive gross profit margins of 72% and an attractive dividend yield of 6.4%. Trading at a P/E ratio of 12.2, the stock offers value characteristics that have caught investors’ attention. InvestingPro subscribers have access to 12 additional key insights about Altria’s financial health and growth prospects. This 52-week high underscores Altria Group’s robust market position and potential for future growth. The company’s financial strength is further detailed in the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Altria Group reported its second-quarter 2025 earnings, surpassing analysts’ expectations with an adjusted diluted earnings per share of $1.44, compared to the forecast of $1.38. The company’s revenue also exceeded projections, reaching $6.1 billion against the anticipated $5.2 billion. This positive performance reflects the company’s operational resilience despite economic challenges and high levels of illicit trade. Following these results, BofA Securities raised its price target for Altria to $64.00 from $63.00, maintaining a Buy rating on the stock. The decision was influenced by the company’s stable net sales, which increased by 0.2% to $5.3 billion. These developments highlight Altria’s ability to navigate a challenging market environment.
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